From a monthly salary of 3,000 to 50,000, the money an ordinary person can earn in a lifetime barely surpasses 24 million — likely not enough for a good house in a first-tier city. Want to cross classes by working? Reality is often harsh.
Doing business? In today's environment, without background, technology, or high education, entering the field is likely to be a 'support runner.' Ordinary people seem to have only the investment track left to change their fate, and the crypto world is the 'opportunity window' I identified after much struggle.
I am a 28-year-old native of Guangzhou, who has been immersed in the crypto world for 5 years, turning a starting capital of 500,000 into nearly 10 million in wealth, holding three properties: one for my parents' retirement, one for myself to live in, and one for rent, with the rent just covering daily expenses. Throughout these 1800+ days and nights, I haven't chased insider information, nor have I touched leverage; I relied solely on 'stubborn principles.' Today, I share with you seven experiences summarized from my blood and tears. Remember, knowing one can save you a million, and achieving three can help you outperform 95% of retail investors.
1. Rapid rise and slow fall; don’t rush to 'settle accounts.'
When encountering a situation where prices rise rapidly but drop slowly like a snail, it's likely that the big players are quietly accumulating. Don't be dazzled by a large bullish candle; as long as the pullback is slow, it indicates that the big players haven't 'eaten enough.' If you rush to sell now, you might miss the subsequent market trends.
2. The 'head-cutting' after a massive rise is a signal of inducement.
The more prices rise happily, the more vigilant you should be — what you see is profit, while the big players are looking for the next buyer. If there is a huge transaction volume at a high position followed by a straight drop, that is the 'head-cutting' phenomenon. If you are a step slower, you might directly suffer a significant loss.
3. Rapid drops and slow rises, don't be the 'buyer from the countryside.'
A small bullish candle appearing after a flash crash is not an opportunity to 'pick up cheap,' but rather bait from the big players to 'disperse goods,' like saying 'don’t leave, fellow countryman.' Don't fantasize about catching the 'floor price'; know that there might be a negative first floor beneath the basement.
4. A lack of volume at the top is a real danger.
When there's reduced volume and horizontal trading at a high position, it seems calm on the surface, but there are strong undercurrents. A real crash is never loud; it often happens quietly, and by the time you react, you are already trapped at a high position.
5. Watch for volume at the bottom, look for 'continuity' not 'single instances.'
A single day's huge volume may be a 'fishing line' set by the big players and does not count. Only when there are three consecutive days of increasing volume can it signal that the big players are truly entering the market. A sudden increase in volume after a period of reduced volume and fluctuations is the 'starting gun' for the market's kickoff.
6. Trading in cryptocurrencies is about emotions; transaction volume is the 'mirror of truth.'
K-lines are merely shadows of emotions; they can be deceptive, but transaction volume cannot. Switch the screen to the transaction volume interface to see who is 'naked swimming' — whether it's a real rise or a false pull-up, you can tell by looking at the transaction volume.
7. No tricks are better than tricks; it's a survival instinct honed in a sea of blood.
Don't cling to 'must-win strategies.' It’s more important to do three things: have no obsession, stay in cash when you should; have no greed, don’t blindly chase highs even if they rise; have no fear, dare to act when it’s time to bottom out. This is not being zen; it’s the foundation for surviving and making money in the crypto world.
Finally, I must remind you: to make 1 million in the crypto world, you either rely on a big bull market + holding on, or you rely on betting on potential coins, or you rely on high leverage to bet in the right direction. However, behind these three paths are the losses of most people. Don't just focus on stories of getting rich; first, think clearly about how much risk you can bear.
If you are also a tech-savvy person in the crypto world, wanting to obtain first-hand information and in-depth analysis, click on my crypto homepage, tap my avatar to follow me, and together we can navigate the crypto world more steadily and further.#币圈 #区块链